5802 FM 1488 - Restaurant FOR SALE


Magnolia, TX 77354- Westwood North
$1,525,000 USD
281-296-3100
5802 FM 1488, Magnolia, TX for Sale
$1,525,000 USD
Restaurant - FOR SALE
1/15
null | 7.87% Cap Rate

5802 FM 1488
Magnolia, TX 77354
Westwood North


HIGHLIGHTS

  • The Deck Food Park
  • Sufficient Parking
  • Heavy daytime Traffic.
  • Open eating on deck, common areas.
  • Containers are outfitted as kitchens/bar (5) or offices (2).

OVERVIEW

The Deck Food Park consists of 0.46 acres of land, with 9 remodeled containers with plenty of parking and yard space in the back. Each container has water and electricity. 4 containers are outfitted as kitchens and currently tenant occupied. 2 containers are designated for restrooms. 1 central container is a Bar. 2 containers on upper level are outfitted as office space. Bar & Office containers are unoccupied. Over 3,500 SF of deck space. Over 1,400 SF of container space with over 4,000 SF of deck/eating space. Contact Listing Broker to discuss owner financing options available. Contact David for more information 713-206-7775.

FOR SALE DETAILS

PRICE

$1,525,000 USD

PRICE/SF

$381 USD /SF

CAP RATE

7.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

9495-03-58001

ASK ABOUT THIS PROPERTY

David BoatnerConnect CommercialMore Info
281-296-3100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

David BoatnerConnect CommercialMore Info
281-296-3100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.